Livvehomes.com is a close-to-heart startup from Josy Mathew. A story of grit and persistence that is disrupting the Home rental landscape across major cities in India. The way Josy Mathew is hell-bent on redefining the industry standard for home-renting is inspiring. Livvehomes.com has carved a niche for itself providing tenants with houses without any deposits.
Josy Mathew: Founder & CEO Behind Livvehomes.com
Josy Mathew, Founder, and CEO is a serial entrepreneur who is changing the entire value chain of the rental ecosystem in India. His previous startup 53central.com was acquired by Askme.com and from there he went on to starting Livvehomes- A safe and secure property management and real estate analytics firm that today serves over 5000 owners and 20,000 tenants across the country.
“No longer will any tenant be turned down a safe and secure society living experience due to an owner’s prejudice and neither will they be financially burdened by it.” Says Josy Mathew, Founder, and CEO of Livvehomes.com.
Initial Struggle while establishing Livvehomes.com
Josy and his team initially struggled to convince homeowners to rent the apartments to them and give Livvehomes.com control of the entire rental cycle.
“When we started approaching the first set of homeowners in early 2016, there was a lot of resistance. I remember our idea being brushed aside and homeowners asking us to leave without even getting a proper chance to explain how the owner is actually better secured through our model. Once the owners learned that we wanted the house furnished in a luxurious way in their cost and with just a month’s security,” recalls Josy Mathew
In the initial days, there were many challenges and concerns that kept the team of Livvehomes.com on their toes. They faced issues such as homeowners not abiding by the contract terms, not following protocols, abusing, aggressive behavior, not returning the deposits given to them, and several other operational issues. At times these were a great hassle and often disheartening but this is what motivated Josy Mathew and his entire team to go with a bigger push every time anyone tried to push them back.
The very first-year Livvehomes.com faced a near shutdown scenario with some owners who were not happy that they were renting houses to tenants without a deposit at all and faced quite a few backlashes as these owners created a lot of operational issues for them to manage the properties, but over the next 3 years, they built up the brand, scaled and now operate around 5000 full houses across the country making them a part of the elite category in the property management sector.
Exponential Growth For Livvehomes
Livvehomes tripled its count of houses to rent out over the last 1 year to almost 5000 houses across the country. The steady and robust growth comes after a shaky start in which they were on the verge of closing down at least twice and from there Livvehomes.com has grown on to be one of the strongest and one-of-its-kind property management companies in India covering major metropolitan cities.
Livvehomes.com has brought about a massive change in the rental eco-space by offering tenants fully furnished houses with a zero-deposit model across various cities in India. They have achieved a scale very few can boast of in a short span of time.
Livvehomes.com: Great Experience For Homeowners
With sheer determination to succeed, Livvehomes.com continued convincing homeowners to give their houses to the Livvehomes.com platform. Now a great portion of homeowners in Bangalore and Chennai happily rent their houses to Livvehomes.com. All thanks to the strict contractual terms, strong operational and legal processes combined with the great homeowner experiences working with Josy Mathew and the team.
Referral signups at the Livvehomes Platform coming directly from the satisfied homeowners are what drives more than 40% of the onboarding process today for Livvehomes.
Today Livvehomes.com offers an assured rental to owners who own a rental investment property and to tenants an extremely well-kept, safe, and secure living option. They have partnerships with every premium builder in the country and are the first choice for any owner purchasing a property as an investment.
With its own branded furniture showrooms, supermarkets, gate management, and property management systems, Livvehomes is looking to own the complete lifecycle of the apartment living experience for owners and tenants by 2025.
Visit The website at: https://livvehomes.com/
